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Name the five types of capital. The five types of capital are: natural capital, manufactured capital, human capital, social capital and financial capital.
what to produce? how to produce? for whom to produce
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. The narrowness of the definition of the commodity
equation for a demand curve is p=2/q. what is the elasticity of demand if price falls from 5 to 4
Q. What do you meant by Investment? Investment: Investment represents production which isn't consumed though rather is utilized in the production of other additional output. In
What simplifying assumptions does the traditional macroeconomic model make (in addition to those made in the NIPA)? The simplifying assumptions are: 1) The household and i
Why some country saving less and consumption more?
Definition of Pareto Optimal Allocation
different types of production funtion and curve given by different economist
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